The performance of the chip significantly enhance the three downstream customers develop breakthrough

Sanan Optoelectronics (600703, closing price of 13.51 yuan) in recent years due to frequent refinancing, and government subsidies in the performance of the "water" and was left out of the market. But since 2012, three optical trading is more active, especially since the end of April the market into the adjustment, the majority of LED sector stocks also sideways, but Sanan optoelectronics has gone against the tide rose more than 20%.

Money at this time saw before including the factors of Sanan optoelectronics has been regarded more electric chip products rely on government subsidies, the price advantage is reflected gradually, customer groups are gradually expanding.

In the low-end chip price fade

After being left out of the market Sanan optoelectronics, since the end of April with a 21.3% increase in the LED sector dominate.

The industry researcher said that the reason the market shift is the customer structure three optical has improved. In accordance with the securities investment Guoxun Wang said, since 2012, Sanan optoelectronics downstream customers develop breakthrough, has basically become REFOND, rectangular lighting, Wanban optoelectronics, nationstar and Chau Ming technology and other company's main suppliers.

Sanan optoelectronics Securities Department official said, Wuhu industrial base of a new capacity gradually opened, the current operating rate is also good. He said the 2011 LED industry boom deteriorating, product prices fell sharply, but it also shortened the distance between LED and traditional products, expand the fields of application, therefore since 2012 LED demand to pick up, the whole industry is in good condition.

LED chip performance is critical to the quality of the final product, in the past, many companies in the United States and China's Taiwan province chip. But the market situation shows that since 2011 in the low power chip, leading manufacturers such as three optical and dry according to optical (300102, closing price of 13.19 yuan) and Silan (600460, closing price of 10.10 yuan) products performance improved significantly, and the performance of our products close to the Taiwan company; high-end products such as high-power lamp, display screen so, it is still inclined to continue to old supplier.

Market sources, has greatly improved the quality of an optoelectronic chip, close to the Chinese manufacturers in Taiwan, but the price is still lower to 20%.

Industry is optimistic about the situation

Because there is no comprehensive statistics on the LED industry, as China's Taiwan manufacturers as a monthly revenue data disclosure does not need A shares of listed companies, so the change trend of LED enterprise customer groups, may have to wait until half time to see the details of the market.

In addition to the positive changes in the field of customers, the whole, the LED industry in 2012 is much better than in 2011. Sanan optoelectronics Securities Department official said that in 2011 the price drop, LED product applications to improve permeability but, that the industry in 2012 the situation is more optimistic.

From China's Taiwan Province, the data show that in April Taiwan LED manufacturers total revenue monthly increase of 2.6%, in which the chip factory revenue reached 4.5% months of rapid growth, although less than a quarter, momentum, but still also continued growth; the visibility of orders at the end of the 6.

In addition, the current A shares are still waiting for the Ministry of Finance and other three ministries LED product subsidy tender results. In late March the Ministry of finance, development and Reform Commission, Ministry of science and technology organized the "2012 semiconductor lighting products subsidies promotion project" of public bidding, many manufacturers at home and abroad to participate in the bidding, the number of A shares of the company is no exception, including three optical